Mortgage Issues Hurt China
China, who has a $1.8 trillion foreign exchange stockpile, is feeling the heat in the wake of the Fannie Mae and Freddie Mac mortgage crisis. China’s top experts are suggesting that the country diversify its reserves in order to keep the risks to the stockpile at a minimum. According to Zhang Ming, a Chinese Academy [...]
Double-Digit Inflation Not Disappearing
The Institute of Economic Growth (IEG) in New Delhi has announced that inflation is not going to drop below double-digits this year and they are suggesting that the Reserve Bank of India steps in to moderate price rises on the Forex market. Part of the inflation has been caused by the increase in fuel, iron, [...]
Florida Physicians Charged With Insider Trading
Three doctors in the Fort Lauderdale, Florida area have been charged with illegal insider trading by the Securities and Exchange Commission. The three men illegally purchased over $730,000 in shares of the Ivax Corporation when they received advance knowledge that the company was going to be purchased by generic drugmaker Teva Pharmaceuticals Inc. Between the [...]
Stronger Rules Needed?
Crops such as corn and wheat are being looked at by the U.S. Commodity Futures Trading Commission as speculative investment markets that are not being regulated properly. As food costs continue to rise in the United States, senators are wondering when the citizens are going to pick up pitchforks and begin to revolt. Lawmakers feel [...]
NASDAQ Eyeing 5%
In September 2008, the NASDAQ OMX Group Inc. will launch a pan-European trading platform overseas which will target approximately 5% of trading in European blue chips. This 5% is expected to be made in the first year alone, rising to an expected 20% in the future. The company is hoping the will be able to [...]









